Earlier this month, the SEC proposed an order that would exempt “Finders” — individuals who connect private issuers with accredited investors — from federal broker registration requirements, provided that certain conditions...more
The Securities and Exchange Commission (SEC) adopted amendments on Wednesday to portions of Regulation S-K and to the definitions of “accredited investor” and “qualified institutional buyer." ...more
On December 18, 2019, the SEC proposed amendments to the definitions of both “accredited investor” (under Regulation D) and “qualified institutional buyer” (“QIB”) (Rule 144A) under the Securities Act of 1933....more
The SEC announced today that it has adopted new Rule 163B, which will extend the “test-the-waters” accommodation, previously available only to emerging growth companies (“EGCs”), to all issuers. ...more